Wyoming Parts has collected information on overhead costs and unit output for the past 12 months, reported
Question:
Wyoming Parts has collected information on overhead costs and unit output for the past 12 months, reported here.
Requireda. Draw a scattergraph relating overhead costs to the number of units.b. Using the high-low method, estimate overhead costs for a month when output is expected to be 120,000 units.
Transcribed Image Text:
B Month Overhead Units $ 694,279 $1,020,395 $ 906,438 $1,066,500 $1,093,114 $ 929,176 $ 960,245 $1,074,768 $1,192,014 $ 657,037 2 101,000 2 127,600 114,500 4 4 147,000 115,400 117,800 98,900 124,600 9. 147,000 11 10 86,000 $1,111,061 12 11 126,700 $1,033,071 13 12 132,900 14 315678 3156789
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259969478
6th edition
Authors: William N. Lanen, Shannon Anderson, Michael W Maher
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